On July 20, Direxion Daily MU Bull 2X Shares rose 8.55% in regular trading, trading at $30.155/share, with turnover of $229 million.

On the news front, the memory chip sector extended its recovery from a sharp selloff triggered by South Korea's Financial Services Commission tightening single-stock leveraged ETF regulations, which had previously driven SK Hynix down over 11% in Korea and Micron Technology down more than 5% in the U.S. On July 20, underlying stock Micron Technology rebounded approximately 3%, while SK Hynix gained over 4%.

SK Group Chairman Choi Tae-won publicly stated that AI semiconductor demand is expected to surge 60% to 100% next year compared to this year, with overall memory demand growth of 50% to 60%. He noted that supply-side expansion plans remain virtually nonexistent, indicating the supply-demand gap will continue to widen. As a 2x leveraged ETF, the product structure further amplified the underlying asset's rebound magnitude.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)